REF. NO. | DENOMINATION | DESCRIPTION | NO. ISSUED | CONDITION | VALUE |
---|---|---|---|---|---|
101 | £1 shares | 188[5]-[7], fully paid, black | #329,#4458 | VF | £25-30 |
Balkis Consolidated Company Ltd
Registered 2nd September 1885. In voluntary liquidation 24th of May 1892. Company number 21557.
Capital £400,000 in £1 shares, increased to £500,000 in June 1887. in June 1888 19,775 10% preference shares were created from unissued ordinary shares.
Formed as a reconstruction of the Balkis Co., Ltd. Acquired properties covering around 260,000 acres of land in South Africa. In November 1885 the company floated the Graskop Gold and Stores Co., Ltd. (later reconstructed as the Graskop Mill and Mining Co., Ltd.) to purchase the Graskop mine for the cost of £40,000 in fully paid shares. Due to debts the company decided to liquidate and reconstruct into 2 separate companies known as Balkis Eersteling Ltd. and the Balkis Land Co., Ltd.
1885